data as of
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Price arb /

FET

all FET markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$54
spread now+0.257%7d average+0.053%fees + slippage, in and out−$75spread needed0.746%
Long on BinanceShort on Kraken Futures
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance FETUSDT0.20210.0100pay 0.0100% / 8h43m 35s$31.8M$102.1M75x
ShortKraken Futures PF_FETUSD0.20260.0038get 0.0005% / 1h43m 35s$1.0M$2.6M50x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$25.69
Funding while held
−$1.87
Slippage, 4 orders
−$54.64
Fee Binance: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$50.81
Spread needed to break even
0.746%
Slippage from Binance: live order book, 1 min ago; Kraken Futures: live order book, 2 min ago.

Cost of waiting

funding view
Funding /8h
−0.0062%
Per $10,000 a day
−$1.87
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 1 min ago2.47 bp12.6 bp −$1325.0 bp −$250192.9 bp −$19.3Kdoesn't fit
Sell Kraken Futures live order book, 2 min ago17.51 bp27.0 bp −$2758.6 bp −$586doesn't fitdoesn't fit

FET price on every exchange

against the cheapest. Click to use as the short leg.
Injective0.1740cheapest
MEXC0.2018+15.977%Gate0.2019+16.034%Extended0.2020+16.083%KuCoin0.2020+16.092%BingX0.2020+16.092%
Binance0.2021+16.124%
OKX0.2021+16.149%Aster0.2022+16.200%Bitget0.2022+16.207%Orderly0.2022+16.207%Deribit0.2023+16.264%GMX0.2023+16.270%gTrade (Gains Network)0.2024+16.306%Hyperliquid0.2024+16.345%BloFin0.2025+16.379%
Kraken Futures0.2026+16.423%
Variational Omni0.2032+16.797%Phoenix0.2036+17.006%Coinbase International0.2044+17.471%

FET on 20 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective FET/USDC PERP−13.885%+0.0033%1h$2K$65K12xas long as short
MEXC FET_USDT−0.127%+0.0100%8h$34.5M$19.7M200xas long as short
Gate FET_USDT−0.077%−0.0028%8h$2.8M$10.7M50xas long as short
Extended FET-USD−0.036%+0.0104%1h$31K$147K10xas long as short
KuCoin FETUSDTM−0.028%+0.0100%8h$10.3M$14.8M50xas long as short
BingX FET-USDT−0.028%+0.0100%8h—$5.0M—as long as short
Binance FETUSDTlong0.000%+0.0100%8h$31.8M$102.1M75x
OKX FET-USDT-SWAP+0.022%+0.0100%4h$881K$7.0M20xas long as short
Aster FETUSDT+0.066%+0.0100%8h$296K$446K10xas long as short
Bitget FETUSDT+0.071%+0.0100%8h$16.4M$11.1M75xas long as short
Show all 20 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Orderly PERP_FET_USDC+0.071%+0.0077%8h$37K$40K10xas long as short
Deribit FET_USDC-PERPETUAL+0.121%−0.2215%1h$18K$156K10xas long as short
GMX FET/USD [ETH-USDC]+0.126%L +0.0206% / S −0.0362%1h$14K—100xas long as short
gTrade (Gains Network) FET/USD+0.157%L +0.0005% / S −0.0011%1h$36K—150xas long as short
Hyperliquid FET+0.190%+0.0796%1h$10.1M$6.5M5xas long as short
BloFin FET-USDT+0.220%+0.0220%8h$1.7M$2.5M100xas long as short
Kraken Futures PF_FETUSDshort+0.257%+0.0038%1h$1.0M$2.6M50x
Variational Omni FET+0.579%+0.0100%8h$285K$252K—as long as short
Phoenix FET+0.759%+0.0316%1h$28K$52K5xas long as short
Coinbase International FET-PERP-INTX+1.160%+0.0288%1h$191K$193K50xas long as short